 |
| Stewart Hall |
Public Policy Holding Company reported that first-half revenues grew 8 percent to $71.1M, while net income rose 4 percent to $13.2M.
Organic growth ticked upward by 1.2 percent.
CEO Stewart Hall noted that PPHC began its international push during H1 via the acquisition of Pagefield in the UK.
PPHC, which views itself as a “natural consolidator” of firms, sees attractive government relations and strategic communications acquisition opportunities in the US, UK and Continental Europe.
Hall said PPHC is well positioned “to benefit from increasing demand for their services as new governments and administrations are formed around the world, this year and next.”
Headquartered in Washington, PPHC’s operating companies include Seven Letter, Crossroad Strategies, Forbes Tate Partners, O’Neill & Assocs., Concordant, MultiState Assocs., Alpine Group Partners, Lucas Public Affairs and KP Public Affairs.
PPHC trades on the London Stock Exchange.
Public Policy Holding Company grew 27.5 percent to $50.1M during Q1, powered by the accelerating contribution from recent acquisitions and a 5.1 percent hike in organic revenues across its three operating segments.
Institutional Shareholder Services advises investors to vote "no" on a compensation package for WPP chief Cindy Rose at the May 8 annual meeting.
FTI Consulting chalked up a 9.5 percent rise in Q1 revenues to $983.3M, powered by gains in its PR, corporate finance and technology segments.
Stagwell reports 4 percent growth in Q1 net revenues to $585M and a record $141M in net new business wins.
WPP reported a 6.7 percent drop to $3.1B in Q1 like-like revenues less pass-through costs. CEO Cindy Rose says 'it will take time to outpace historical losses."
